Here’s why 529 college savings plans may not be the best option for your client, plus other college-funding strategies to consider.

Higher education is a business and it doesn’t always look out for the consumer’s best interests. Here are five things families need to know about loans when they’re deciding what to do.

Interest on student loans adds up quickly, so it’s important to understand rates before you borrow. Federal student loan rates currently range from 6.39% to 8.94%, while fixed private student loan rates vary more widely — from 2.85% to 17.99% on the Credible marketplace. Because interest accrues daily, even a small rate difference can cost you thousands of dollars over [...]

Today’s baby boomers hold over half of total U.S. household wealth, while their kids hold a much smaller portion, despite being bigger in population, according to a new study by New York University economists.

Learn how to pay off student loans in 10 years with the Standard Repayment Plan, student loan refinancing, and other strategies. If you owe part of the nation's collective $1.6 trillion federal student debt or are repaying private loans, you may be eager to pay them off in 10 years or less. A 10-year repayment plan is the standard plan [...]

Writing a college admissions essay is a little bit like going through a job interview. The prompts sound roughly like this: Tell us about a situation or task you encountered, what you did and what the results were. Situation or task (ST), action (A), result (R). Do a good job, and you’re a STAR!

What’s the return on investment when it comes to college? Most people think about the ROI on a college degree in financial terms, like how much a degree costs versus how much it pays off in salary later. And there’s truth to that. A degree from top engineering schools like MIT or Caltech, or from highly ranked public and private [...]

As the cost of college in the U.S. continues to surge, many parents are resorting to drastic financial strategies—including pausing retirement contributions, liquidating investments, and taking second jobs—to spare their children from taking on student debt.